QTRH- Trading at near book value With working capital reported Q2 138 and IRD value of 83 million trading at book value.
IRD in recent quarter reported epitda of 2.7 and prospects of better half . IRD is worth much more than original acquisition price of 64 million. Disregard of future IRD potential.
You get Wilan for nothing. .
It also means we have our analyts (TD, Canaccord) wrong on projections, lawyers who are prepared to work for nothing as they spend their time and money on a contingency fee basis with no prospect of winning.